Ryanken

BTCUSD Retest and LONG RUN !!

Long
Ryanken Updated   
BITSTAMP:BTCUSD   Bitcoin
BTCUSD would retest to the RBS ( Minor Support ) and go for long. If break this zone, it supposedly would retrace till major support and go for a long.
Comment:
Already broke the major resistance, it should be retrace the major resistance ( Major resistance become RBS zone)

2 Possibility here,

1st : once retrace, not break the RBS zone = going for long
2nd : once retrace, then break the RBS zone = going retrace until Minor support

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.